Category: News

From News Articles

By Lake Estate Agency Ltd. Posted in News On

Real estate is a reliable and lucrative long-term investment that typically retains its value and increases over time, making it a safe option for investors. This particular plot of land boasts an exquisite front view of Lake Victoria and is conveniently accessible from the main road, making it an ideal location. The property is available […]

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Infrastructure raises land prices in Kisumu outskirts

By Lake Estate Agency Ltd. Posted in News On

Article on People Daily by By Noven Owiti, Friday, July 23rd, 2021. The port city is experiencing a property boom, stretching further into outlying areas, as a result causing an increase in land costs, and possible land scarcity in the near future. Kisumu town has witnessed rapid real estate growth in recent years with notable […]

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Modern & Polished Suites

By Lake Estate Agency Ltd. Posted in News On
https://www.youtube.com/watch?v=3iXFUnQ37Dk Something new and very unique is happening at the Grand Royal Swiss Hotel in Kisumu City. The hotel that is located in the mushrooming Riat hills estate along the Kisumu-Kakamega Highway, is putting up modern, polished suites, and a buyer is guaranteed a monthly income straight from the hotel. This is part of the [...] Read More

Covid-19 causes unprecedented pause in Kisumu’s real estate market

By Lake Estate Agency Ltd. Posted in News On
https://www.pd.co.ke/lifestyle/covid-19-causes-unprecedented-pause-in-kisumus-real-estate-market-49862/ Covid-19 causes unprecedented pause in Kisumu’s real estate marketBy Noven OwitiFriday, August 28th, 2020Recently built residential apartments at Riat Hills in Kisumu. Photo/PD/NOVEN OWITI  The prolonged impact of the pandemic on real estate business has resulted in a sharp fall in property prices in Kisumu town.Notably, the lakeside town is registering low demand for property, especially [...] Read More

Poor planning slams brakes on Kisumu facelift

By Lake Estate Agency Ltd. Posted in News On

Poor planning slams brakes on Kisumu facelift By Noven OwitiFriday, October 18th, 2019, Mediamax Network Limited www.pd.co.ke   Real estate developers in Kisumu have raised concern over the inadequacy of the current physical plan and are worried that prolonged land tussles have impeded a facelift. The proposed project to redesign Kisumu city’s physical plan, developers say, […]

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Demand for housing rises in Kisumu

By Lake Estate Agency Ltd. Posted in News On
By HAROLD AYODO (Updated Thursday, January 3rd 2013) - Standard Digital - Read original article here. Real estate in Kisumu has grown at an admirable pace as far as the construction of commercial and residential houses is concerned. Realtors concur that the outcome of the General Election in March may also be a game changer [...] Read More
www.lakestateagency.com/news/

Kisumu housing estates moving further from CBD

By Lake Estate Agency Ltd. Posted in News On
By DALTON NYABUNDI (Updated November 14th, 2013) - Nation - Read original article here. Real estate investments are moving farther away from the central business district of Kisumu as the town’s infrastructure continues to expand. As the lakeside city moves towards a 24-hour economy, land-user change is phasing out the former town plan, which designated areas close [...] Read More